Economic Development News & Updates in
Greater New Haven
Yale New Haven Health launches Home Hospital program for patients
 Yale New Haven Health (YNHHS) launched a program to provide high-acuity, hospital-level care to patients in their homes. The Home Hospital program will serve Medicare patients meeting certain clinical and social stability criteria who live within 25 miles of Yale New Haven and Bridgeport hospitals. Yale New Haven Health is partnering with a private company, Medically Home, to provide the program, which is expected to expand to other YNHHS hospitals in the future.

The Home Hospital program will provide acute care to patients who would otherwise need to be in the hospital. Patients will be in the program for two to six days, on average, then transition back into the care of their primary care physician. Through a combination of in-person visits and telehealth technology, the program will bring a range of hospital services to the homes of patients with heart failure, pneumonia, chronic obstructive pulmonary disease, cellulitis, and other conditions. Read More
New Haven, Conn.: More Than Just Academics and Mozzarella
Outsiders often reduce New Haven to two things: pizza and Yale.

It’s somewhat true. Places to eat pizza abound in this midsize city of 135,000 residents, which continues to have a large Italian-American population, even as it diversifies.

And the Ivy League university, whose students and staff number about 32,500, exerts an influence that can seem far more gravitational than the school’s real estate footprint — just 8 percent of the city’s land — might suggest.

But that misses the big picture, the city’s boosters say. New Haven pulls off a balancing act, offering the cuisine, culture and architecture of a major metropolis, they contend, with the laid-back vibe of a smaller town. At the same time, decades of efforts to curb crime, clean sidewalks, convert closed factories and boost homeownership amid a 25 percent poverty rate seem to have given New Haven a new lease on life. Read More
Unemployment Dips, But Recovery Still Far Away For CT’s Labor Market
Labor officials reported Thursday that Connecticut’s unemployment rate dipped to 4.4% and the state added 1,600 jobs in April.

Unemployment weekly filings are at historic lows with 16,800 unemployed workers filing for benefits, according to the Labor Department.

But that doesn’t mean there aren’t jobs to be had.

 “This month’s economic data shows all the market indicators continue to move in the right direction—jobs are being added, unemployment is dropping, and fewer people are filing for unemployment benefits,” Labor Commissioner Dante Bartolomeo said. “For job seekers, the time to take advantage of this labor market is now—there are 100,000 active job openings in Connecticut across all industries. Job search assistance, training, and other resources are available free of charge through the CTDOL American Job Centers.” Read More
Connecticut Becomes Newest State With Consumer Data Privacy Law: What You Need To Know
On May 10, Connecticut joined other states by passing a state consumer data privacy law. This law gives Connecticut consumers more control over what companies can do with personal data collected from Connecticut consumers. Here’s what you should know about this new law and its impact on your business.


The law, which takes effect on July 1, 2023, applies to individuals and entities that:
  • Conduct business in Connecticut or produce products or services that are targeted to Connecticut residents; and
  • During the preceding calendar year, either:
  • Controlled or processed personal data of at least 100,000 consumers (excluding for the purpose of completing a payment transaction), or
  • Controlled or processed personal data of at least 25,000 consumers and derived more than 25% of their gross revenue from the sale of personal data.
Connecticut saw 850 businesses shutter during the first year of the pandemic
The U.S. Census Bureau estimates that Connecticut lost 850 businesses and nonprofits during the first year of the coronavirus pandemic.

"It is always a loss any time a business has to close its doors, but particularly when small businesses do, as they make up the backbone of our local communities," Andrew Markowski, Connecticut state director of the National Federation of Independent Business, told The Center Square. "The impacts that are felt are not just economic, but also become a matter of perception."

Retailers employing five to nine people were hurt the most during the first year of the pandemic. The state's smallest finance and hospitality businesses saw the next largest decline. There are about 100 fewer finance and hospitality businesses operating today than there were before the pandemic. Read More
More News & Events
6/7 2-5 p.m. 2022 CEDAS Best Practices Award Event at Bear's Smokehouse New Haven Read More

6/8 & 6/16 Community Investment Fund Webinars Read More

Town of Wallingford seeks Economic Development Specialist Read More

Level three EV fast chargers available at Connecticut service plaza Read More

US FDA Accepts for Review Biohaven's New Drug Application (NDA) Filing of Intranasal Zavegepant for the Acute Treatment of Migraine Read More